MCX Technologies Corp (MCX) — Working Capital to Net Assets Ratio
MCX Technologies Corp (MCX) has a Working Capital to Net Assets ratio of 100.0% as of March 2024. Working capital of CA$-52.89K (current assets of CA$43.52K minus current liabilities of CA$96.41K) is measured against net assets of CA$-52.89K. A higher ratio indicates strong short-term liquidity financed by the equity base. See MCX net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MCX Technologies Corp Working Capital to Net Assets (2016–2023)
This chart shows how MCX Technologies Corp's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2023. As of March 2024, the ratio stands at 100.0%, reflecting working capital of CA$-52.89K against net assets of CA$-52.89K CAD. Check MCX tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MCX Technologies Corp (2016–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for MCX Technologies Corp from 2016 to 2023, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see MCX Technologies Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 137.7% | CA$-58.90K | CA$-42.77K | CA$46.07K | CA$104.97K | ▲ +201.4 pp |
| 2022 | -63.7% | CA$-98.38K | CA$154.36K | CA$18.12K | CA$116.50K | ▼ -71.7 pp |
| 2021 | 8.0% | CA$49.54K | CA$619.91K | CA$222.27K | CA$172.72K | ▼ -4.2 pp |
| 2020 | 12.2% | CA$114.50K | CA$941.52K | CA$297.96K | CA$183.47K | ▼ -72.3 pp |
| 2019 | 84.5% | CA$779.76K | CA$922.76K | CA$1.08 Million | CA$295.40K | ▲ +1.3 pp |
| 2018 | 83.2% | CA$1.35 Million | CA$1.62 Million | CA$1.69 Million | CA$344.35K | ▲ +4.2 pp |
| 2017 | 79.0% | CA$1.58 Million | CA$2.01 Million | CA$1.89 Million | CA$306.33K | ▲ +2.7 pp |
| 2016 | 76.3% | CA$1.76 Million | CA$2.31 Million | CA$1.96 Million | CA$193.00K | — |